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Cable Update (GBPUSD)

  • #370,761
  • Apr 7, 2014 4:54am Apr 7, 2014 4:54am
intraday so far ?

best wishes
Attached Image
it's all gone a bit........
  • #370,762
  • Edited 8:55am Apr 7, 2014 4:58am | Edited 8:55am
Price is getting squeezed at the moment with lower highs and higher lows. Price looks like it may need to retest 630 - 640 but will be looking for a breakout. Short already at 6650 so hoping that will continue once we test higher.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Daily_snapshot.png Size: 36 KB
Click to Enlarge Name: Chart_GBP_USD_30 Mins_snapshot.png Size: 26 KB
  • #370,763
  • Apr 7, 2014 5:15am Apr 7, 2014 5:15am
in this moment looks like better chance than no of breaking northwards of Asian hi @ 6582...after that friday's hi awaits @ 6605 around 38.2% of 6683-6553, weekly pivot and daily R1 pivot also live there

best wishes
it's all gone a bit........
  • #370,764
  • Apr 7, 2014 5:43am Apr 7, 2014 5:43am
Quoting godim
{quote} Pending order (PO). PO Sell limit 3723. {image}
careful there mate.. cable maybe ping pong but fiber is another story..
  • #370,765
  • Apr 7, 2014 5:53am Apr 7, 2014 5:53am
false break out of top of range back into it...see how 1hr closes now

best wishes
it's all gone a bit........
  • #370,766
  • Apr 7, 2014 6:02am Apr 7, 2014 6:02am
Quoting petetong
false break out of top of range back into it...see how 1hr closes now best wishes
yeah, not yet a breakout.. hopefully not long from now...
  • #370,767
  • Apr 7, 2014 6:09am Apr 7, 2014 6:09am
Good day,

Going to hold a GU long for a while to see what happens.. will add in sequence to position.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 81 KB
  • #370,768
  • Apr 7, 2014 6:55am Apr 7, 2014 6:55am
Quoting A-speculator
{quote} careful there mate.. cable maybe ping pong but fiber is another story..
I closed the position and the addition of 3730 with a small plus. The position is not doing well.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 121 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,769
  • Apr 7, 2014 6:59am Apr 7, 2014 6:59am
Quoting godim
{quote} I closed the position and the addition of 3730 with a small plus. The position is not doing well. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 63 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,770
  • Apr 7, 2014 7:09am Apr 7, 2014 7:09am
Quoting godim
{quote} {image}
in 4h a close above 3730 confirms this bullish move..
  • #370,771
  • Apr 7, 2014 7:21am Apr 7, 2014 7:21am
Quoting A-speculator
{quote} in 4h a close above 3730 confirms this bullish move..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 65 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,772
  • Apr 7, 2014 8:03am Apr 7, 2014 8:03am
GBPUSD signals 1.6520-1.6500 important support zone, comprising of 100-day SMA and the lower trend-line support of an ascending trend-channel formation on daily chart.
  • #370,773
  • Apr 7, 2014 8:46am Apr 7, 2014 8:46am
Quoting TauTrader
Good day, Going to hold a GU long for a while to see what happens.. will add in sequence to position. Regards {image}
bingo
  • #370,774
  • Apr 7, 2014 8:58am Apr 7, 2014 8:58am
at last, the long awaited bullish movement has arrived.. lol.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 54 KB
  • #370,775
  • Apr 7, 2014 9:04am Apr 7, 2014 9:04am
Fridays long closed for 20 pips - better to have i guess.. waiting to short now
  • #370,776
  • Apr 7, 2014 9:06am Apr 7, 2014 9:06am
Quoting DerekTrotter
Fridays long closed for 20 pips - better to have i guess.. waiting to short now
too soon for that i think..

let's see how 4h progress..
  • #370,777
  • Apr 7, 2014 9:11am Apr 7, 2014 9:11am
Quoting A-speculator
{quote} too soon for that i think.. let's see how 4h progress..
think so too ..
  • #370,778
  • Apr 7, 2014 9:14am Apr 7, 2014 9:14am
hi guys been out most of the morning no trade in gb yet only my long in gold from friday and gbnz long, just had a look 6619 is the fib from Friday, but not sure as to were it would go ??? i was expecting it to have gone short this morning i had a sell order that never went , post chart 2 mins need a cup of tea lol
  • #370,779
  • Apr 7, 2014 9:21am Apr 7, 2014 9:21am
Good day,

Turning short.. daily. we can run up to higher levels. That's OK - will be adding.

good luck!

regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 79 KB
  • #370,780
  • Apr 7, 2014 9:25am Apr 7, 2014 9:25am
Quoting elbert3
hi guys been out most of the morning no trade in gb yet only my long in gold from friday and gbnz long, just had a look 6619 is the fib from Friday, but not sure as to were it would go ??? i was expecting it to have gone short this morning i had a sell order that never went , post chart 2 mins need a cup of tea lol
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 117 KB
is it a pull back then go short or do we go long to last mondays target 6717 ??. looks like wait ?? i have put a stop reverse on gbnz 19234, if gb us hits the fib and comes back, and gbnz reverses , could go short if that makes any sense it just over the fib as i post
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